Poland exposed to foreign funds outflow - Moody's
October 14, 2013
Poland is considered moderately exposed to the risk of foreign flows reversal thanks to its low borrowing needs, offsetting tighter domestic liquidity, rating agency Moody's wrote in its report on vulnerability to liquidity constraints in five main Eastern European (CEE5) countries in post-QE (quantitative easing) world.
"Poland’s low funding needs help offset tighter domestic liquidity implying that its exposure is moderate," Moody's wrote of the country's vulnerability to a reversal of foreign flows.
In the regional comparison on the bases of domestic funding pools and gross financing requirements, the Czech Republic and Slovakia are least vulnerable to tightening liquidity conditions, followed in order by Poland, Romania, and Hungary, Moody's wrote.